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Veer Chandra Singh Garhwali Yojana

The Veer Chandra Singh Garhwali Yojana (VCSGY) is a welfare scheme launched by the Uttarakhand State Government to honor and support ex-servicemen, veterans, and their families. The scheme is named after Veer Chandra Singh Garhwali, a notable freedom fighter and military hero from the Garhwal region of Uttarakhand, to recognize their contributions and sacrifices.

The scheme aims to provide financial assistance and welfare benefits to ex-servicemen, their families, and the martyrs’ families to improve their quality of life and acknowledge their service to the nation.

Overview

  • Creation of sustainable employment opportunities in tourism.
  • Establishing facilities or conducting/running activities i.e. Passenger Taxies/ Buses/ Restaurants/ Tourism info Centers etc.
  • Wide range of activities covered

Features & Facilities

  • Attractive Interest rate starting with --.--%*
  • Easy repayment : 84 to 144 months
  • Amount of Loan : 40 to 45 Lacs (Plains & Hills)
  • Choice of Loan : Term Loan and Cash Credit
  • Low margin requirement
  • Low processing charges
  • Gestation available.

Eligibility

  • Permanent Resident of Uttarakhand
  • Must have own/relatives’/guarantors’ land for running the activity and creation of regd. Mortgage. If the land is on lease, the remaining lease period MUST NOT be less than the repayment period of loan
  • Priority will be given to those having degree/diploma or required skill and experience in the desired field

Rates & Others

  • Click HERE for more details about Deposit interest rates& Service charges.
  • For more quries please contact to your nearest branch.
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